Top Filipino Exports & ImportsMost Popular Products Traded Between the Philippines & America
Computers & tires are among the fastest growing Filipino exports to the U.S. while semiconductors represent almost 60% of American imports into the Philippines.
The Philippines exported US$9.7 billion worth of merchandise to the United States in 2006, up 4.8% from 2005 but down 11.7% since 2002. Filipino imports from the U.S. rose 10.5% to $7.6 billion in 2006, up 4.7% since 2002. In terms of the merchandise flow between the two countries, America’s trade deficit with the Philippines was $2.1 billion in 2006, down 44% from 2002. The U.S. trade deficit with the Philippines decreased 12% in 2006 – a reversal from the 15% deficit increase in 2005 from the year earlier. Philippine Exports to U.S.Of the $9.7 billion in American imports from the Philippines in 2006, the following product categories had the highest values.
Fastest-Growing Filipino Exports to U.S.Below are American imports from the Philippines in 2006 with the highest percentage sales increases from 2005.
Philippine Imports from U.S.Of the $7.6 billion in American exports to the Philippines in 2006, the following product categories had the highest values.
Fastest-Growing Filipino Imports from U.S.Below are American exports to the Philippines in 2006 with the highest percentage sales increases from 2005.
SourcesThis analysis is based on latest statistics from the US Census Bureau - Foreign Trade Statistics and CIA World Factbook as of the date of article publication.
The copyright of the article Top Filipino Exports & Imports in International Trade is owned by Daniel Workman. Permission to republish Top Filipino Exports & Imports in print or online must be granted by the author in writing.
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